Verint Systems, Inc (NASDAQ: VRNT) is -33.21% lower on its value in year-to-date trading and has touched a low of $14.15 and a high of $38.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VRNT stock was last observed hovering at around $17.81 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $18.33, the stock is 3.40% and 5.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 2.95% at the moment leaves the stock -21.79% off its SMA200. VRNT registered -38.18% loss for a year compared to 6-month loss of -27.24%. The firm has a 50-day simple moving average (SMA 50) of $17.4214 and a 200-day simple moving average (SMA200) of $23.4425.
The stock witnessed a 3.59% gain in the last 1 month and extending the period to 3 months gives it a -17.93%, and is 6.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.90% over the week and 2.71% over the month.
Verint Systems, Inc (VRNT) has around 3800 employees, a market worth around $1.10B and $909.19M in sales. Current P/E ratio is 18.81 and Fwd P/E is 5.75. Profit margin for the company is 7.15%. Distance from 52-week low is 29.54% and -51.96% from its 52-week high. The company has generated returns on investments over the last 12 months (3.90%).
The EPS is expected to grow by 11.67% this year
373.0 institutions hold shares in Verint Systems, Inc (VRNT), with institutional investors hold 113.63% of the company’s shares. The shares outstanding are 62.13M, and float is at 59.12M with Short Float at 6.22%. Institutions hold 112.17% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.57 million shares valued at $$243.85 million. The investor’s holdings represent 12.2416 of the VRNT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.94 million shares valued at $$191.11 million to account for 9.594 of the shares outstanding. The other top investors are VICTORY CAPITAL MANAGEMENT INC which holds 4.14 million shares representing 6.6973 and valued at over $$133.41 million, while SENVEST MANAGEMENT, LLC holds 6.159 of the shares totaling 3.81 million with a market value of $$122.69 million.
Verint Systems, Inc (VRNT) Insider Activity
The most recent transaction is an insider sale by FANTE PETER, the company’s Chief Administrative Officer. SEC filings show that FANTE PETER sold 9,439 shares of the company’s common stock on Apr 15 ’25 at a price of $16.50 per share for a total of $0.16 million. Following the sale, the insider now owns 20450.0 shares.
Still, SEC filings show that on Apr 10 ’25, GOLD STEPHEN J (Director) disposed off 2,744 shares at an average price of $16.07 for $44096.0. The insider now directly holds 28,473 shares of Verint Systems, Inc (VRNT).
